← FULTON FINANCIAL CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $161.6m |
$171.8m
+6.27%
|
$208.4m
+21.33%
|
$226.3m
+8.61%
|
$178.0m
-21.34%
|
$275.5m
+54.74%
|
$287.0m
+4.17%
|
$284.3m
-0.94%
|
$288.7m
+1.57%
|
$391.6m
+35.63%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | $175.9m |
$265.2m
+50.77%
|
$276.7m
+4.34%
|
$274.0m
-0.98%
|
$278.5m
+1.63%
|
$381.4m
+36.94%
|
— | |
| Depreciation and amortization | $27.4m | $28.1m | $28.2m | $28.2m | $28.8m | $28.8m | $30.2m | $30.1m | $39.2m | $28.3m | $50.0m | |
| Amortization of Debt Issuance Costs | $617k | $845k | $813k | $842k | $1.1m | $1.8m | $724k | $750k | $710k | $321k | — | |
| Amortization of Intangible Assets | $0 | $0 | — | $1.4m | $529k | $589k | $1.7m | $2.9m | $17.8m | $22.5m | — | |
| Amortization Cash Flow | — | — | — | — | — | — | $1.7m | $2.9m | $17.8m | $22.5m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $1.7m | $2.9m | $17.8m | $22.5m | $22.0m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $31.9m | $33.0m | $57.0m | $50.7m | $50.0m | |
| Deferred Income Tax Expense (Benefit) | $11.1m | $40.5m | ($16.6m) | ($165k) | ($21.6m) | $12.4m | $8.7m | $3.6m | ($23.2m) | ($4.2m) | — | |
| Share-based Payment Arrangement, Expense | $6.6m | $5.2m | $8.0m | $7.4m | $7.5m | $8.4m | $14.0m | $12.5m | $10.5m | $13.3m | $12.7m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $191.8m | ($25.7m) | $73.4m | ($151.0m) | ($4.7m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $12.8m | ($5.9m) | $19.5m | $665k | $4.8m | |
| Change In Accrued Expense | — | — | — | — | — | — | $12.8m | ($5.9m) | $19.5m | $665k | $4.8m | |
| Increase (Decrease) in Other Operating Assets | $29.9m | ($29.2m) | $26.1m | — | — | — | — | — | — | — | — | |
| Increase (Decrease) in Other Operating Liabilities | $4.4m | ($31.4m) | ($306k) | ($195.9m) | ($110.8m) | ($62.6m) | $405.3m | ($16.8m) | $97.0m | ($131.3m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $185.4m |
$258.8m
+39.60%
|
$296.8m
+14.68%
|
$127.7m
-56.97%
|
$154.5m
+20.96%
|
$342.3m
+121.55%
|
$598.3m
+74.79%
|
$363.0m
-39.33%
|
$416.6m
+14.76%
|
$304.5m
-26.91%
|
$426.4m
+40.05%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | $0 | $0 | $30k | ($1.4m) | ($9.2m) | |
| Equipment Expense | $12.8m | $12.9m | $13.2m | $13.6m | $13.9m | $13.8m | $14.0m | $14.4m | $17.9m | $16.2m | — | |
| Capital Expenditure | — | — | — | — | — | — | ($21.2m) | ($33.0m) | ($42.5m) | ($20.1m) | ($14.2m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $558.9m | $417.7m | $290.7m | $234.7m | $430.8m | $118.0m | $109.8m | $59.7m | $56.5m | $107.5m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | $28k | $4.7m | $3.1m | $33.5m | ($27k) | ($733k) | ($20.3m) | ($2k) | — | |
| Gain (Loss) on Investments | $2.5m | $9.1m | $37k | $4.7m | $3.1m | $33.5m | ($27k) | ($733k) | ($20.3m) | ($2k) | $0 | |
| Marketable Securities, Unrealized Gain (Loss) | — | — | — | — | — | ($400k) | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $5.2m | $1.9m | $2.0m | $21.8m | $0 | ($1.0b) | $0 | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($69.1m) | $8.0m | $25.4m | $21.5m | $20.8m | |
| Net Cash Provided by (Used in) Investing Activities | ($1.0b) | ($1.2b) | ($740.7m) | ($893.3m) | ($2.5b) | ($214.0m) | ($1.5b) | ($809.2m) | $1.6b | ($82.2m) | $15.9m | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $236.6m | $115.2m | $100.2m | $596.1m | $82.5m | $710.6m | — | — | — | — | ($671.7m) | |
| Debt and Equity Securities, Realized Gain (Loss) | — | — | $37k | $4.7m | — | — | — | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | ($33.2m) | $0 | $0 | — | — | — | |
| Proceeds from Issuance of Long-term Debt | $215.9m | $223.3m | $50.0m | $485.0m | $495.9m | $620k | — | — | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | $620k | $1.6b | — | — | — | — | |
| Long Term Debt Issuance | — | — | — | — | — | $620k | $1.6b | — | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($81.5m) | ($384.4m) | ($2.1b) | ($485.0m) | ($671.7m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $1.5b | ($384.4m) | ($2.1b) | ($485.0m) | ($333.1m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $1.5b | ($384.4m) | ($2.1b) | ($485.0m) | ($333.1m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($81.5m) | ($384.4m) | ($2.1b) | ($485.0m) | ($671.7m) | |
| Payments for Repurchase of Common Stock | $18.5m | $0 | $95.3m | $111.5m | $39.7m | $43.9m | $0 | $77.1m | $30.3m | $66.0m | — | |
| Proceeds from Issuance of Common Stock | $16.2m | $8.5m | $6.7m | $6.4m | $7.4m | $7.4m | $7.9m | $3.2m | $270.6m | $7.7m | $9.3m | |
| Common Stock Issuance | — | — | — | — | — | — | $7.9m | $3.2m | $270.6m | $7.7m | $9.3m | |
| Common Stock Payments | — | — | — | — | — | — | $0 | ($77.1m) | ($30.3m) | ($66.0m) | ($93.9m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $7.9m | $3.2m | $270.6m | $7.7m | $9.3m | |
| Net Common Stock Issuance | — | — | — | — | — | — | $7.9m | ($73.9m) | $240.2m | ($58.3m) | ($84.6m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | ($77.1m) | ($30.3m) | ($66.0m) | ($93.9m) | |
| Dividends paid | $69.4m | $80.4m | $89.7m | $92.3m | $91.0m | $112.0m | $116.0m | $115.7m | $131.7m | $141.2m | ($146.0m) | |
| Payments of Dividends | $69.4m | $80.4m | $89.7m | $92.3m | $91.0m | $112.0m | $116.0m | $115.7m | $131.7m | $141.2m | ($146.0m) | |
| Other Interest and Dividend Income | $3.8m | $5.1m | $6.2m | $9.2m | $5.5m | $3.7m | $7.2m | $15.3m | $50.6m | $33.7m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($116.0m) | ($115.7m) | ($131.7m) | ($141.2m) | ($146.0m) | |
| Net Cash Provided by (Used in) Financing Activities | $832.6m |
$897.1m
+7.75%
|
$487.5m
-45.66%
|
$837.7m
+71.85%
|
$3.7b
+338.69%
|
($337.5m)
-109.18%
|
($15.9m)
+95.29%
|
$314.0m
+2074.84%
|
($1.5b)
-587.78%
|
($224.6m)
+85.34%
|
$16.1m
+107.16%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $21.1m | $49.6m | $43.6m | $72.1m | $1.3b | ($209.2m) | ($956.7m) | ($132.2m) | $514.2m | ($2.3m) | $1.3b | |
| Beginning Cash Position | — | — | — | — | — | — | $1.6b | $681.9m | $549.7m | $1.1b | $804.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $445.7m | $517.8m | $1.8b | $1.6b | $681.9m | $549.7m | $1.1b | $1.1b | $1.3b | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $126.8m | $178.6m | $112.1m | $63.0m | $80.0m | $394.1m | $658.8m | $595.0m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | $32.7m | $25.3m | $29.1m | $112.7m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | $831k | $5.1m | ($2.4m) | ($2.3m) | ($2.2m) | $1.5m | $50k | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | $9k | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | ($617k) | — | — | — | — | — | $0 | $0 | ($30k) | $1.4m | — | |
| Gain (Loss) on Sale of Mortgage Loans | $15.7m | $13.0m | $13.0m | $17.9m | $53.6m | $24.4m | $8.8m | $5.1m | $8.2m | $8.8m | — | |
| Goodwill | $530.6m | — | — | — | — | $534.3m | $550.5m | $553.3m | $553.3m | $553.3m | — | |
| Income Tax Expense (Benefit) | $46.6m | $62.7m | $24.6m | $37.6m | $24.2m | $58.7m | $60.0m | $64.4m | $55.9m | $94.0m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $0 | $0 | ($2.1m) | ($6.3m) | — | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $76.9m | ($14.6m) | — | — | $71.6m | $35.7m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $195.5m | $211.4m | $226.3m | $240.2m | $227.2m | $228.4m | $296.0m | $276.8m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($15.9m) | $314.0m | ($1.5b) | ($224.6m) | $16.1m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($1.5b) | ($809.2m) | $1.6b | ($82.2m) | $15.9m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($956.7m) | ($132.2m) | $514.2m | ($2.3m) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $296.8m | ($44.5m) | $77.1m | ($147.5m) | ($1.2m) | |
| Changes In Cash | — | — | — | — | — | — | ($956.7m) | ($132.2m) | $514.2m | ($2.3m) | $458.4m | |
| End Cash Position | — | — | — | — | — | — | $681.9m | $549.7m | $1.1b | $1.1b | $1.3b | |
| Financing Cash Flow | — | — | — | — | — | — | ($15.9m) |
$314.0m
+2074.84%
|
($1.5b)
-587.78%
|
($224.6m)
+85.34%
|
$16.1m
+107.16%
|
|
| Free Cash Flow | — | — | — | — | — | — | $573.5m | $330.0m | $374.1m | $284.3m | $412.2m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $27k | $733k | $20.3m | $2k | $0 | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $0 | $0 | ($20.3m) | $834k | $1.2m | |
| Investing Cash Flow | — | — | — | — | — | — | ($1.5b) | ($809.2m) | $1.6b | ($82.2m) | $15.9m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($21.8m) | $0 | $1.0b | $0 | $141.8m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($16.2m) | $316.5m | $725.9m | $6.9m | $216.6m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($21.2m) | ($33.0m) | $8.7m | ($8.8m) | ($14.2m) | |
| Net Preferred Stock Issuance | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | ($8.8m) | ($4.4m) | ($8.2m) | ($8.0m) | ($9.2m) | |
| Other Non Cash Items | — | — | — | — | — | — | $38.0m | ($2.0m) | ($38.6m) | $18.4m | — | |
| Purchase Of Business | — | — | — | — | — | ($2.0m) | ($21.8m) | $0 | — | — | — | |
| Purchase Of Investment | — | — | — | — | — | — | ($905.8m) | ($105.8m) | ($2.0b) | ($831.8m) | ($930.2m) | |
| Purchase Of PPE | — | — | — | — | — | — | ($21.2m) | ($33.0m) | ($42.5m) | ($20.1m) | ($14.2m) | |
| Sale Of Business | — | — | — | — | — | — | — | $0 | $1.0b | $0 | $141.8m | |
| Sale Of Investment | — | — | — | — | — | — | $889.6m | $422.3m | $2.7b | $838.7m | $1.1b | |
| Sale Of PPE | — | — | — | — | — | — | $0 | $0 | $51.1m | $11.3m | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $14.0m | $12.5m | $10.5m | $13.3m | $12.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.